Defending businesses against money launderers
Aziz Rahman of award-winning business crime solicitors Rahman Ravelli explains why everyone in business has to be aware of the dangers of money laundering – and take steps to prevent it.
When the bank Standard Chartered was recently ordered to pay £102m by the Financial Conduct Authority for its anti-money laundering failures it made plenty of headlines.
Yet the fine was hardly ground-breaking. From 2012 to 2018, European banks had to pay more than £12.6 billion in fines for facilitating money laundering, weaknesses in their... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...